Reuters - The Indian rupee fell on Monday weighed by a slight pullback in the euro, weakness in local shares and likely dollar demand from oil companies for import payments.
* At 9:27 a.m., the partially convertible rupee was at 44.4025/4050 per dollar, weaker than Friday's close of 44.3625/3725.
* The euro was at $1.4376 versus $1.4402 at close of forex trade on Friday and the index of the dollar against six major currenices was down 0.04 percent at 74.172, but higher from 74.068 at end of domestic currency trade on Friday.
* The benchmark local share index was down 0.2 percent with financials leading the losses, after U.S. debt woes pulled down Asian equities.
* Oil is India's biggest import item and local oil companies are the largest purchasers of U.S. unit in domestic currency market. (Reporting by Aditya Phatak; Editing by Harish Nambiar)
Indian Rupee fell on Monday, July 25 2011, Indian rupee down on local shares, importer demand
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